Broadcom Reports Strong Q3 Results and Raises Price Target Amid AI Growth
TL;DR
Broadcom reported a record third quarter with $15.95 billion in revenue, a 22% increase year-over-year, driven by strong growth in AI, networking, and VMware. Net income was $4.14 billion, and free cash flow reached $7 billion. The company provided a positive outlook for Q4 2025 with expected revenue of approximately $17.4 billion and continued dividend payments.
- Broadcom Inc. Announces Third Quarter Fiscal Year 2025 Financial Results and Quarterly Dividend Broadcom
- We raised our Broadcom price target after a stock pop that was all about the conference call CNBC
- Broadcom Stock Rises After Earnings. It Has a New $10 Billion AI Chip Customer. Barron's
- Broadcom Swings to Profit, Beats on Sales Outlook The Wall Street Journal
- Broadcom Gives Upbeat Forecast in Sign AI Demand Remains Strong Bloomberg.com
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